The Federal Inland Revenue Service (FIRS) has launched a new Gender Desk and Women Network initiative, pledging to mainstream gender equality across its operations, including planning, budgeting, data collection, and …
FIRS
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Business InsightsDevelopmentGOVERNMENTNigeriaPolicies
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BusinessBusiness InsightsFinance & ServicesGOVERNMENTNigeriaTechnology
FIRS Sets Up National E-Invoicing Steering Committee to Boost Tax Compliance
The Federal Inland Revenue Service (FIRS) has inaugurated the National E-Invoicing Solution Inter-Agency Steering Committee as part of its efforts to modernise Nigeria’s tax administration and improve compliance across the …
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AirtelBusinessMobile Telecommunications Network (MTN)NigeriaSpotlightTelecommunications
FIRS briefs MTN, Airtel and commercial banks on the collection of VAT
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money banks in Nigeria to withhold Value Added Tax (VAT) …
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FIRS, The Federal Inland Revenue Service has announced the commencement of the deduction of taxes at transaction points from online gaming companies, using the Sentinal National Payment Gateway. This disclosure is contained in …
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Federal Inland Revenue Service (FIRS) and State Inland Revenue Services have resolved to build a databank to improve tax investigation in Nigeria. The databank will contain information about all taxpayers …
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AfricaBusiness PoliciesWestern Africa
NEPZA, FIRS Agree on New Tax Regime for Economic Zones, Sign Pact
The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have signed a pact aimed at enhancing a better understanding of the Free Trade Zones Scheme’s …
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The Federal Inland Revenue Service (FIRS) has announced that it will begin a compliance exercise on Value Added Tax (VAT) and Withholding Tax in July 2022. The announcement was made …
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EconomyWestern Africa
FIRS commences recovery of states and Local government’s unremitted tax deductions
The FIRS says it is ready to recover unremitted tax deductions detained in the coffers of some states and local governments. Federal Inland Revenue Service (FIRS) said it will consequently advise …
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Business PoliciesWestern Africa
FIRS seeks collaboration within African countries to effectively tax digital businesses
The Federal Inland Revenue Service (FIRS) has called for improved collaboration among countries with the aim of exploring alternative rules that will enable market jurisdictions, particularly African countries to effectively tax …